| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.1B | 9.0% | 14.0% |
| Op. Income | $9M | -$23M | -$36M | 140.6% | 126.5% |
| Gross Margin | 43.4% | 44.8% | 45.2% | -1.4pp | -1.8pp |
| Net Margin | 2.0% | 0.9% | -0.9% | 1.1pp | 2.9pp |
| EPS (Diluted) | $0.16 | $0.07 | $-0.06 | 128.6% | 356.8% |
| Free Cash Flow | $126M | $109M | $68M | 16.4% | 87.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $686M |
| GROSS PROFIT | $525M |
| R&D Expenses | $182M |
| Selling & Marketing | $242M |
| General & Administrative | $91M |
| SG&A Expenses | $333M |
| Other Expenses | $0 |
| Operating Expenses | $515M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $455.0K |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $19M |
| EBIT | $38M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $686M |
| GROSS PROFIT | $525M |
| R&D Expenses | $182M |
| Selling & Marketing | $242M |
| General & Administrative | $91M |
| SG&A Expenses | $333M |
| Other Expenses | $0 |
| Operating Expenses | $515M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $455.0K |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $19M |
| EBIT | $38M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | -$69M |
| Stock-Based Compensation | $88M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $151M |
| Change in Working Capital | -$67M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$725M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$726M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$44M |
| NET CASH FROM FINANCING | -$78M |
| FREE CASH FLOW | $126M |
| Net Change in Cash | -$678M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $727M |
| Net Receivables | $745M |
| Inventory | $141M |
| Other Current Assets | $140M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $456M |
| Goodwill | $309M |
| Intangible Assets | $57M |
| Long-Term Investments | $63M |
| Tax Assets | $0 |
| Other Non-Current Assets | $184M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $159M |
| Short-Term Debt | $0 |
| Deferred Revenue | $122M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $71M |
| TOTAL NON-CURRENT LIABILITIES | $557M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $544M |
| Net Debt | -$1.0B |
